China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million shares on Wednesday.

Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) have faced significant stock declines following their recent designation as “Chinese military companies” by the U.S. Department of Defense (DoD).

U.S. adds Tencent, Huawei to list of Chinese military companies. Uber, Nvidia to collab for autonomous mobility. U.S. natural gas surges as severe winter storms seen hiking demand.

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

U.S. stock indexes are drifting higher Tuesday as Wall Street’s superstar, Nvidia, rises toward another record.

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

The Wall Street Journal tracks 55 analysts covering Netflix stock, and 25 have assigned it the highest possible buy rating. Seven more are in the overweight (bullish) camp, while 19 recommend holding. One analyst has assigned the stock an underweight (bearish) rating, and three recommend selling.

Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer interest rate cuts by the Federal Reserve.

World shares are mixed after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity